Valuation Control - Senior Associate

SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.

Job Description

SS&C Financial Services – Senior Associate - Valuations

About SS&C Technologies

SS&C is a global provider of investment, financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.

Job Description

SS&C Financial Services

A leading innovator in alternative investment technology solutions and services, SS&C is also home to the industry’s largest fund administrator: SS&C GlobeOp, helping funds of all sizes from start-ups to today's largest funds.

Named "Best Administrator: Technology" in the 2020 HFM US Services Awards. Across all of SS&C, we serve nearly $45 trillion in managed assets. We have assembled an exceptional team of fund accounting experts and equipped them with the industry’s leading technology, which SS&C built and supports.

About the Role

We are seeking a candidate to join our team in London as a Senior Associate Valuations. The successful candidate will oversee the pricing validation of OTC derivatives, listed securities, bonds, and other esoteric products traded by our clients.

The valuations team is a centralised team globally responsible for overseeing the pricing of the positions held in our clients’ portfolios in line with their valuation policy and plays a key role in ensuring integrity of the NAV production. The valuations team also performs valuation control (i.e. valuation reconciliation of primary source against other reference sources, market data integrity checks, pricing consistency checks, among other things).

The successful candidate will have the ability to work independently on a wide variety of tasks and display an aptitude for problem solving. They will assist in the monthly and quarterly tasks in a timely manner, and where necessary escalating valuation issues to Management/client. They will also be required to collaborate with various internal stakeholders on valuation matters and have knowledge on various asset pricing models.

This role offers significant opportunities for professional development and exposure to a wide range of financial instruments and valuation techniques, enhancing your expertise in the field. Additionally, you will have the chance to lead projects, collaborate with senior stakeholders, and influence strategic decisions, paving the way for future leadership roles within the company.

Your Responsibilities

• Provide end–to-end valuations across a variety of financial instruments including various OTC derivatives.
• Review P&L queries and monthly valuation reconciliations, analysing and commenting on exceptions. Investigating and resolving pricing and valuation differences for both OTC derivatives and securities products using bother internal tool and vendor applications such as Bloomberg and Refinitiv.
• Manage client deliverables and prioritise workloads, ensuring NAV tasks have been completed promptly.
• Form good working relationships with internal and external global counterparts (Trade Capture, Fund Accounting, and Market Data teams, Clients, Counterparties and Vendors).
• To perform yield curve reviews, and assist in projects impacting the valuations business that requires pricing expertise.
• To perform UAT testing new valuation methodologies for new instrument types .
• Generate new ideas, and challenge the status quo, taking ownership to improve efficiency within the valuations team and to help maintain a robust valuation control process.

Your Experience

Ideally you would have a strong analytical background/previous experience in valuation of derivatives or other financial instruments. Exceptions could be considered if the candidate has strong derivative pricing knowledge that has been demonstrated academically or with relevant professional qualification e.g. CFA, FRM or similar. Further experience required below:

• Degree in /Finance or another numerical discipline including financial derivative module
• Knowledge on financial instruments such as bonds, interest rate swaps, equity options, FX options, swaptions, etc.
• Understanding of applied mathematics in derivative products valuation would be an advantage.
• Strong organisational skills with ambition to see projects and deliverables through to completion.
• Analytical skills to be able to perform investigation of pricing discrepancies between various pricing sources.
• Be skilled at prioritising, organising and working on multiple clients/tasks
• Possess excellent written and oral communication skills and ability to communicate complex valuation information to diverse audience.
• Ability to work to tight deadlines as part of a team.

EEO Statement / Non-agency Disclosure

We encourage applications from people of all backgrounds and particularly welcome applications from under-represented groups, to enable us to bring a diversity of perspectives to our thinking and conversation. It's important to us that we strive to have a workforce that is diverse in the widest sense.

Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.

Background Checks

All offers of employment at SS&C are subject to background verification checks, including 5-year employment history, proof of eligibility to work in hiring location, proof of address, credit check and criminal record check (where permitted by local law). The accuracy of all information you submit as part of your application is vital and may be used as part of the background checking process should you be successful.

Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.

SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.